Now the recession is apparently over, global companies are back to thinking about the future...
Q: I’m approaching retirement and looking to sell my business. Will there be taxes to pay?
A: Normally any profit on selling will be subject to capital gains tax - the first £7,100 of gains each year will always be exempt. CGT is normally charged at your top rate of income tax, but this rate falls the longer you have had the business.
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This reports principle aim is to provide business owners seeking funding with information about the amount of funds that VCTs have to invest.
A comprehensive overview of cash shells on AIM and PLUS, companies that have become a significant feature on the market landscape.
I own 25% of a company that I have worked for for the last 6 years.
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